开发者:上海品职教育科技有限公司 隐私政策详情

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HG · 2020年10月12日

问一道题:NO.PZ2016040301000013

问题如下:

Jurgen is a portfolio manager. One of her firm’s clients has told Jurgen that he will compensate her beyond the compensation provided by her firm on the basis of the capital appreciation of his portfolio each year. Jurgen should:

选项:

A.

Turn down the additional compensation because it will result in conflicts with the interests of other clients’ accounts.

B.

Turn down the additional compensation because it will create undue pressure on her to achieve strong short-term performance.

C.

Obtain permission from her employer prior to accepting the compensation arrangement.

解释:

C is correct.

This question involves Standard IV(B) –Additional Compensation Arrangements. The arrangement described in the question—whereby Jurgen would be compensated beyond the compensation provided by her firm, on the basis of an account’s performance—is not a violation of the Standards as long as Jurgen discloses the arrangement in writing to her employer and obtains permission from her employer prior to entering into the arrangement. Answers A and B are incorrect; although the private compensation arrangement could conflict with the interests of other clients and lead to short-term performance pressures, members and candidates may enter into such agreements as long as they have disclosed the arrangements to their employer and obtained permission for the arrangement from their employer.

这样子做会不会影响其他客户的利益呢?如果不披露这个信息给其他客户的话?


1 个答案

王暄_品职助教 · 2020年10月13日

嗨,努力学习的PZer你好:


因为这是客户自愿的,只要Jurgen在公平对待所有客户的前提下,就没有违反CFA准则。对于这种compensations只要披露给雇主,并收到雇主的同意就可以收,这算是自己的劳动换来的。


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努力的时光都是限量版,加油!